Mortgage Calculator™

Mortgage Calculator™

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2010-12-18
  • Current Version: 2.7
  • Adult Rating: 4+
  • File Size: 29.75 MB
  • Developer: MH Riley Ltd
  • Compatibility: Android, iOS 8.0
Score: 4.5
From 171 Ratings


*** SALE NOW ON - 50% off *** *** Featured in the Sunday Times App List 2012 *** *** Featured as 'What's Hot' by Apple *** 'Mortgage Calculator' has one aim - To SAVE YOU MONEY on your mortgage! If you're buying a house, looking to re-finance, or simply want to make the most of your existing mortgage, then this is the perfect app for you. Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total loan length and cost go down. You may be surprised by just how much! Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year. 5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier." 5-Stars - "...really helped me to compare the different mortgage deals" *** Highlights *** -------------------- Specially designed for the US market: √ See effect of regular or one off Extra Payments √ Variable Rates support √ Calculate the 'True Cost', by including Tax etc √ Takes into account PMI √ Try out various 'What-If' scenarios √ Email a PDF or HTML of the loan details √ Support for ARM 3/1, 5/1, 7/1 mortgages √ Charts allow easy visualisation of the costs √ Make an informed choice by comparing loans √ Backup & Restore via Dropbox √ Passcode protection √ Elegant, simple and powerful user interface *** Quick Calculators *** ----------------------------- Super quick calculators for instant answers: √ How much can you afford to borrow? √ Monthly Payments √ Money Saving Effect of Extra Payments √ Cost of Moving House *** Analyse & Compare *** --------------------------------- Visualise mortgage costs in simple, easy to understand charts: √ Store details of multiple mortgages √ Easily see the costs for each year with a slide of the finger √ Try out various 'What-If' scenarios √ Extra payments can 'Reduce Term' or 'Reduce Payments' √ Include Tax, Insurance, PMI in the payments √ Support for 'Repayment' or 'Interest Only' √ Monthly breakdown of costs (Amortization) √ Compare up to 4 mortgages side by side √ Support for ARM 'Initial Rates' e.g. 4% for 3 years *** Voted #1 Property App - *** --------------------------------------------------- "The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..." Note that multiple currencies are supported!



  • Great app!

    By bastybee
    Love the one off feature!
  • Yes

    By AllEars
    Do not be afraid to pay for the bundle. Once you learn how to use it, with sliding scale graphs, it’s quick and easy. Have no dog in this hunt.
  • Love, love, love

    By jeanbst
    I love this app! It has everything I need for loans, and trust me, I had tried to get all this info out of Excel. This is clean, easy to use, and thorough! Good job, developer!
  • Use it all the time.

    By Rp 905
    Great for anyone but particularly useful for the investor.
  • Accurate

    By Somewhere in NY
    Accurate, allows editing when needed, the projections allow me to know when I’m paying off my house along with interest rate costs
  • Good App

    By BicTom77
    I wish it had an amortization chart
  • 🤠

    By Amw19801
    Great App Keeps track Of multiple properties.
  • Great for the money

    By ChiefShearer
    Easy to use. While you can add to your payment it doesn't allow for making a half payment twice a month. I think this knocks 7 years off of a 30 yr mortgage. I would like to see that added. But it is well worth the money.
  • Lo

    By Ajxc
    This is the best so far Can you add the other options Lo info in setting 2) other calculations option offer results are great but no email options Please add the email or txt options
  • Disappointing

    By ChanaBear
    Although I have set "Tax" to be a dollar amount - the Calculator continues to report it as a percentage. It is throwing the calculation off considerably. In my case, adding an additional $800.00 to the payment over a year's time. Also - there seems to be no place that you can view changes to the monthly payment dynamically as you change inputs. You have to enter everything and then rotate the device for the table - but where is the monthly payment??? Additionally- the Send button is grated-out so trying to send Feedback - which is what this review was intended for initially- is impossible. Really bad, guys. Really bad.